{"id":5094,"date":"2012-10-26T06:08:11","date_gmt":"2012-10-26T11:08:11","guid":{"rendered":"http:\/\/www.ict-pulse.com\/?p=5094"},"modified":"2012-10-26T06:17:15","modified_gmt":"2012-10-26T11:17:15","slug":"big-deal-big-data","status":"publish","type":"post","link":"https:\/\/ict-pulse.com\/2012\/10\/big-deal-big-data\/","title":{"rendered":"What’s the big deal about \u201cbig data\u201d?"},"content":{"rendered":"

An examination of big data: its characteristics; cons; potential impact; and how Caribbean businesses might benefit from it.<\/em><\/p>\n

Over the last year or so, \u201cbig data\u201d has become a major buzzword in the ICT\/tech space, with projections that it will revolutionise business and how data is used and processed. Although we may all inherently understand what is meant by the term “big data”, the implications may not be as apparent. This post provides an overview of big data, along with key trends and challenges, and discusses some of the implications of big data to the Caribbean.<\/p>\n

What is big data?<\/h3>\n

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Typically, \u201cbig data\u201d speaks to very large data sets that cannot be readily processed or analysed by traditional software tools, such as databases, within a reasonable period of time. There is no finite definition for big data, as it can be generated from a variety of sources, including but not limited to:<\/p>\n